NORCROSS, Ga. -- (Business Wire)
Tier Technologies, Inc. (Nasdaq: TIER), a leading provider of electronic
payment solutions for the biller direct market, today announced that it
has completed its name change to Official Payments Holdings, Inc. The
name change was previously approved by shareholders. Effective
Wednesday, January 4, 2012, Official Payments Holdings, Inc., will trade
under the new Nasdaq ticker symbol “OPAY”. Official Payments Corporation
remains a wholly owned subsidiary of Official Payments Holdings, Inc.
“Adopting our new name completes the transition to a company that is
singularly focused on providing enhanced payment solutions,” said Alex
P. Hart, President and CEO. “Most of our clients and customers have
known us by our Official Payments brand for years. This new corporate
name both simplifies and strengthens our branding and builds on our
established market leadership.”
About Official Payments Holdings
Official Payments Holdings, Inc. (Nasdaq: OPAY) is a leading provider of
electronic payment solutions in the biller direct market. Headquartered
in Norcross, Georgia, the company provides enhanced electronic payment
services that include multiple payment choices, payment channels, and
bill payment products and services to over 4,600 clients in all 50
states and the District of Columbia. Official Payments serves clients in
multiple markets including federal, state, and local governments,
educational institutions, and utilities. Consumers may pay federal
taxes, state and local taxes, property taxes, and other bills such as
utilities and college tuition with credit cards, debit cards, electronic
checks and alternative payment methods via online, telephone, point of
sale and other channels by visiting www.OfficialPayments.com.
Corporate information is available at www.OPAY.OfficialPayments.com.
Official Payments Holdings, Inc.
Jeff Hodges, Chief Financial
Source: Official Payments Holdings, Inc.